Info Edge Invests ₹25 Crore in SIHL via CCDs; Maintains 100% Ownership
By Shishta Dutta | Published at: Jul 15, 2025 05:16 PM IST
New Delhi, July 15, 2025 – Info Edge (India) Ltd (NSE: NAUKRI | BSE: 532777) has announced an investment of ₹25 crore in its wholly owned subsidiary, Startup Investments (Holding) Ltd (SIHL), through the acquisition of Compulsorily Convertible Debentures (CCDs). The Committee of Executive Directors approved the transaction in a meeting held earlier today.
Investment Details
Info Edge has subscribed to 10,41,666 CCDs of SIHL at an issue price of ₹240 per debenture, which includes a premium of ₹140. The consideration will be paid in cash, and the acquisition is expected to be completed within 30 days.
Key Transaction Metrics
| Particulars | Details |
|---|---|
| Instrument | Compulsorily Convertible Debentures |
| No. of CCDs | 10,41,666 |
| Issue Price per CCD | ₹240 (Face Value: ₹100 + Premium: ₹140) |
| Total Investment | ₹25 crore approx. |
| Mode of Consideration | Cash |
| Timeframe for Completion | Within 30 days from approval |
| Resulting Shareholding | SIHL remains a wholly owned subsidiary |
SIHL Financial Snapshot
| Metric | FY 2024–25 |
|---|---|
| Turnover | Nil |
| Profit After Tax | ₹0.86 crore |
| Net Worth | ₹(209.50) crore |
Despite negative net worth, SIHL continues to act as a strategic investment vehicle for Info Edge’s interests in the tech and startup ecosystem.
Rationale & Strategic Purpose
The company stated that the investment aims to empower SIHL to pursue new investment avenues, including contributions to Alternative Investment Funds (AIFs) and other general corporate purposes.
“The present investment would help SIHL to explore investment opportunities including contribution to AIF(s) and other general purposes,” Info Edge disclosed in its regulatory filing.
The transaction has been executed on an arm’s length basis and falls within related party norms as SIHL is a wholly owned subsidiary. However, no specific board or shareholder approval was required under SEBI’s RPT regulations, with the company citing Section 186 of the Companies Act, 2013 as the basis for approval.
Info Edge (India) Stock Performance
Info Edge (India) shares closed at ₹1,400, representing a 0.071% gain as of July 15, 2025. Info Edge (India) shares have gained 2.3% in the last year, dipped 19% in the year-to-date, and are down 5.94% in the previous month.
About SIHL
Startup Investments (Holding) Ltd was set up on March 4, 2015, with a focus on investing in technology-driven businesses. It manages both direct and indirect investments and also handles portfolios in Alternative Investment Funds (AIFs). The company operates only within India and hasn’t reported any revenue over the past three financial years.
About Info Edge (India) Ltd
Info Edge (India) Ltd is a publicly listed internet-based company best known for operating Naukri.com, a leading online job portal. The company is listed on both NSE and BSE, and its portfolio includes investments across online classifieds, real estate, education, and matrimonial services.
REF:https://nsearchives.nseindia.com/corporate/NAUKRI2_15072025134011_Stock_Exchange_Intimation_IEIL_to_SIHL.pdf
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